Tag Archive for: Budgets

How COVID-19 will impact future IT budgets and priorities


43% of survey respondents will tighten their 2022 IT budgets due to COVID-19, reports a recent TechRepublic Premium poll.

Planning for 2022 IT budgets has begun, and many businesses are recognizing the effects of COVID-19 on their IT priorities and tech spends.

How COVID-19 will influence IT budgets and how businesses plan to allocate their tech dollars was the topic of a recent TechRepublic Premium survey. TechRepublic Premium surveyed 122 SMB decision-makers about their 2022 IT budgets and compared the results to a similar survey conducted last year about their 2021 IT budgets. 

Questions ranged from how the coronavirus crisis will alter fiscal 2022 budget plans and IT priorities to who makes initial recommendations for items in the IT budget. Other questions delved into what percentage of the overall corporate budget is allocated to IT, top budget priorities, how vendors can better assist clients and much more.  

SEE:  2022 IT Budget Research Report: COVID-19 prompts organizations to tighten budgets  (TechRepublic Premium)

COVID-19 shifts IT budget plans

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The uncertainty of COVID-19 factored into many respondents’ IT budgetary plans. Of survey respondents, 43% said they will tighten their budgets because of the coronavirus. While this number represents almost half of the survey respondents, it is lower than last year, when 62% of respondents forecasted tightening IT budgets. 

Also noteworthy, 21% of respondents said that COVID-19 had no effect on their 2021 IT budgets. This number rose slightly to 23% for 2022.

Further, 20% of respondents anticipate that their organization’s fiscal/calendar year 2022 budget will be less than $50,000, which is up from 16% last year. Eighteen percent predict having budgets of $1 million to $9.9 million, 13% foresee budgets between $10 million and $49.9 million, and 4% believe their budget will exceed $250 million.

Despite businesses…

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DoD Budgets for the Cyber Fight Against Deep Fakes


If you tuned into social media recently, you might have caught a video of Tom Cruise swinging a golf club, performing a magic trick, and genuinely acting somewhat goofy. However, there was nothing genuine about it-the video was artificially created and perfected using generative adversarial networks (GAN). This technology combines generating a product from a database of images and videos of a person with a system of checks and balances to improve the quality to the point of passing as real. This process is analogous to the human version of a counterfeiter producing S100.00 bills while the forensic analysis with the magnifying glass and chemistry tools continues to find flaws in them until they are acceptable to pass out to the public.

Bad Intentions Make Deep Fakes a Serious Threat

The creator of the Tom Cruise video, Chris Ume, is a visual effect artist who has combined his talent with deep learning artificial intelligence experts to come up with the multi-disciplinary perfect storm of science and creativity. Unfortunately, Ume’s world of deep fake videos is running parallel to those with malevolent intent. Bot accounts, fake photos, and videos can ruin people’s lives, incite panic, impact public perceptions of current affairs, and even be a threat to national security. Fake videos of politicians acting inappropriately, CEOs predicting financial calamity, and famous people in pornographic scenes are becoming more and more prevalent. This scourge on visual media has been going on for years with the invention of such programs as Photoshop, but the sophistication level has reached immense complexity. In response, laws and legislation have been passed recently to combat the problem.

DoD Budgets for the Fight

Congress included language in the 2021 National Defense Authorization Act that reads as follows:

SEC. 589F. STUDY ON CYBEREXPLOITATION AND ONLINE DECEPTION OF MEMBERS OF THE ARMED FORCES AND THEIR FAMILIES. (a) STUDY.—Not later than 150 days after the date of the enactment of this Act, the Secretary of Defense shall complete a study on…….(8) An intelligence assessment of the threat posed by foreign government and non-state actors creating or using machine-manipulated…

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Defense Organizations’ Cyber Security Budgets Projected to Increase 6% Over … – Business Review USA (press release)

Defense Organizations' Cyber Security Budgets Projected to Increase 6% Over
Business Review USA (press release)
ROCKVILLE, MD–(Marketwire – Jul 2, 2012) – MarketResearch.com has announced the addition of the new report "Global Defense Survey 2012: Cyber Warfare in the Defense Industry, Threats, Opportunities, Demand and Key Markets," to their collection of

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